Entrée Resources (TSE:ETG) Stock Price Up 13.7% – Time to Buy?

by · The Cerbat Gem

Entrée Resources Ltd. (TSE:ETG – Get Free Report) (NYSE:EGI) shares were up 13.7% on Monday . The stock traded as high as C$2.10 and last traded at C$2.07. Approximately 98,181 shares were traded during mid-day trading, an increase of 73% from the average daily volume of 56,848 shares. The stock had previously closed at C$1.82.

Entrée Resources Trading Up 18.1 %

The company has a market cap of C$437.25 million, a price-to-earnings ratio of -29.29 and a beta of 1.38. The business’s 50 day moving average price is C$1.89 and its 200-day moving average price is C$1.63.

Entrée Resources (TSE:ETG – Get Free Report) (NYSE:EGI) last issued its quarterly earnings data on Wednesday, August 7th. The company reported C($0.01) earnings per share (EPS) for the quarter.

About Entrée Resources

(Get Free Report)

Entrée Resources Ltd., a mining company, engages in the exploration, evaluation, and development of mineral property interests in Canada. Its principal asset is the Entrée/Oyu Tolgoi joint venture property comprising Hugo North Extension copper-gold deposit and the Heruga copper-gold-molybdenum deposit located in Mongolia.

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